Entrepreneur in Residence

Adams Center for Entrepreneurship:

The Entrepreneur in Residence (EIR) program offers FAU students, faculty, and alumni opportunities to receive one-on-one mentoring with highly experienced entrepreneurs and executives. The Center’s EIR program brings practical and pragmatic essentials to entrepreneurs as they develop their business plans and launch their entrepreneurial ventures.

The Entrepreneur's in Residence have a wealth of experience in new venture development, advising start-up ventures, entrepreneurship education and a history of innovation in high growth industries. Our EIR’s act as ambassadors to the community providing networking and development opportunities to entrepreneurs. Click here for a list of EIR bios.

Prior to requesting an appointment with an EIR

Entrepreneurs must have developed their business concept, conducted extensive research and formulate a basic business plan.

In preparation for your appointment prepare the following:

  1. Product overview
  2. Sales marketing
  3. Realistic capital requirements
  4. Challenges
  5. Value proposition
  6. Strategy

Participants registered for the FAU Business Plan Competition during the spring semester are encouraged to make an appoint with an EIR.

Appointment Instructions

  • Send an appoinment request via email to adamscenter@fau.edu; include subject line "EIR Appointment Request"
  • Provide the following with your request
    • Name
    • Z Number (if student)
    • Business Name
    • Business Plan (or Executive Summary)
    • Prepared Questions for the EIR
  • Arrive 10 minutes prior to appointment time, dressed in appropriate business casual attire.

Please note, EIR appointments may not be used to request funding. The FAU Business Plan Competition is a source of funding for aspiring entrepreneurs.

Cancelation Policy

Email adamscenter@fau.edu a minimum of 24 hours in advance of the appointment time. If an entrepreneur misses an appointment without advance notice, ACE reserves the right to disqualify the entrepreneur from future EIR mentoring.

Rarely, an EIR may cancel an appointment. ACE staff will notify the entrepreneur as soon as possible in attempt to reschedule.

Please note:

FAU EIRs are professionals , similar to investment bankers, venture capitalists, lawyers and accountants they maintain client’s confidentiality and do not participate in nondisclosure agreements. Participants in the EIR program MUST use their discretion when communicating business concepts and submitting business plans it is HIGHLY recommended they Do NOT include trade secrets or confidential information in business plan submissions, oral presentations, or question/answer sessions. Even if the business plan is marked as confidential or proprietary, there will be NO confidentiality obligation or protection for any participant. It is the sole responsibility of the participant to determine appropriate information for disclosure.

Intellectual Property: Florida Atlantic University urges each participant to confirm with appropriate advisors or legal counsel that any intellectual property described in the participant’s submission is protected (i.e., by appropriate intellectual property filings, notices, (e.g. patent, copyright, etc.) by the owning institution and/or individual). It is each team’s responsibility to ensure that its submissions do not violate the intellectual property rights of any third party.

Entrepreneur in Residence Bios

Arthur Nadata

EIR Nadata Photo Mr. Arthur Nadata has almost 50 years of experience as a business man and entrepreneur.  He began his business career in electronics in 1964 with Diplomat Electronics Corp., a  component distributor. He held a number of different positions in varying degrees of  increasing responsibility up to Corporate VP of Sales & Marketing. Diplomat was sold in  1981 to a private conglomerate. In October 1982, Mr. Nadata co-founded Nu Horizons  Electronics Corporation, a global distributor of electronic components and systems that had  60 offices and 5 warehouses globally. He was CEO-President and Chairman of the Board  from 1982 to 2011. Nu Horizons went public in 1983 (NUHC Nasdaq symbol) and had 1,000  employees and approximately $1B in revenue. In 2000, Nu Horizons was named “Best  Managed Company” by Electronic Buyers’ News and was listed on Fortune’s “100 Fastest  Growing Companies in America”. It was sold to Arrow Electronics, a $24B electronics  company, in 2011.

 Mr. Nadata was awarded the prestigious “Entrepreneur of The Year” (global competition  sponsored by Ernst & Young) for Wholesale Distribution in 1993 and then again in 1996 for Master Entrepreneur. He is the only nominee in NY State to have won twice. He was honored by the Ronald McDonald House in 2000 and by North Shore University Hospital in 2001. He is a Vietnam Veteran and was awarded a Bronze Star and Purple Heart. Mr. Nadata currently resides in Palm Beach Gardens with his wife of almost 50 years.

Terence Bentley

EIR Bentley Photo Throughout a twenty year career in acquisitions and divestitures, Terence Bentley has  managed or closed over 40 transactions, ranging from VC investments to individual  transactions up to $3 billion, for Automatic Data Processing, Lucent Technologies, Siemens  USA and others. These transactions included applications services, network software, fiber  optics, network equipment, LAN switching systems, semiconductors, aerospace  components, and manufacturing technology. He has served as VP Marketing for a fiber optic LAN startup, and is currently involved in several emerging technology energy startups. Currently, he serves as a Mentor for StartupQuest, and has led teams to Business Plan wins in these events. He’s considered hundreds of business plans during his career.

Bentley is active in the technology corporate development community, having co-founded the New Jersey chapter of the Association for Corporate Growth and served on the Boards of ACG’s New York and New Jersey chapters. He has delivered seminars on Corporate Development to diverse audiences, including the MBA programs at NYU-Stern and Wharton. Terence has served on industry panels and participated in numerous speaking engagements. He has been published in Corporate Dealmaker and M&A magazine, and is a twenty-year member of the IEEE. In 1998, he became a co-founder, investor, and board member of Starlight Resources, a successful energy company sold in 2006 to a private equity investor.

Prior to entering corporate development, he developed a practical understanding of corporate operations as a product manager, delivering more than 30 products to market in local and wide area networks, and cable television network systems. Terence holds a MBA in strategy and finance from the Carroll School of Management at Boston College.

Craig Davis

EIR Davis PhotoCraig Davis is an entrepreneur and business executive with broad experience in all aspects of small business management. Hands on experience with technology, management, sales, marketing (online and offline), and finance including angel funding, VC funding and private equity. Previously, Craig was a member of the CBOE and has been a stock, options and futures trader for over 17 years.

 

 

Bob Nelson

EIR Nelson PhotoAn investor, entrepreneur and executive with 40 years of business experience in the software development, financial and transportation industries;

Angel investments/advisory positions include OrthoCore, Talk2Rep, CallMiner, Shadows in Darkness, MCC, Inc. (Miles Consulting, HugeMagnet & PayPerCloud,) AutoFuse (acquired by ADP), Nexland (acquired by Symantec), Institutional Deposit Corp., EdVerify, Healthwise Travel, Fourbit and Depot86 (eBay’s 10th largest seller);

Founding member of The New World Angels investment group and serves as a member of the Enterprise Florida SBIR/STTR Steering Committee and the Florida Atlantic University Technology Transfer Advisory Team and as one of the finalist judges for the 2011 Cade Prize.

Expert in business plan development and angel investing and its potential impact on your business.

Ronald Rosenzweig

EIR Rosenzweig Ronald Rosenzweig is currently a member of the Board of ANADIGICS and was previously  Executive Chairman, President and Chief Executive Officer for ANADIGICS, a position he held  since co-founding the Company in 1985. ANADIGICS designs, manufactures and sells high  speed, gallium arsenide (GaAs) analog integrated circuits (ICs) used in wireless and broadband  communications applications. ANADIGICS is a NASDAQ listed company.

 He is an experienced Chief Executive Officer with a proven track record in directing the process of  creating a successful business based on state-of-the-art technology. In addition to ANADIGICS,  Mr. Rosenzweig was also a co-founder of Microwave Semiconductor Corporation (MSC). He  served as President & CEO of MSC for 15 years. MSC, a market leader in microwave silicon and  GaAs transistors and amplifiers, was a publicly traded company, which was later acquired by Siemens Corporation.

Mr. Rosenzweig is currently a member of the World President’s Organization (WPO). He is a trustee of the New York Museum of Contemporary Art and Rhizome, an online resource for people who are interested in new media art.

He has served on the Board of Directors of both Quake Technology and the Board of the General Semiconductor Corporation and currently serves on the board of Maxtena, a start-up that develops and manufactures satellite antennas and other wireless communications systems for the government and commercial customers.

He was named in 1994 winner of New Jersey’s Master Entrepreneur of the Year founded by Ernst & Young, and sponsored nationally by Inc. Magazine and Merrill Lynch.

Mr. Rosenzweig also has experience in digital marketing within the fashion industry, and has worked closely with fashion icon Rachel Zoe with her online presence.

Mr. Rosenzweig is a graduate of the City College of New York where he received his Bachelor of Science Degree in Chemical Engineering. He is a former member of the Engineering Advisory Board at his alma mater and a Board of Overseers at the New Jersey Institute of Technology.

Garrett Fookes

EIR Fookes Photo Garrett Fookes, Internet entrepreneur and film enthusiast, has cofounded two SaaS  publishing companies: Tgthr and Pitchme. As a Academy of Art dropout, he worked on his  own electronics distribution company in Paonia, Colorado, at the age of 18. His hobbies  include, but are not limited to, performing improvisational theatre and independent study of  venture capital.

 In 2014, Garrett ultimately went on to create an ideation platform for SMEs with three friends  in Tampere, Finland. The small team graduated from Startup Sauna in Espoo, Finland, and  were once considered one of the top tech startups in the Nordics. They closed operations in 2016 due to misaligned vision across the founding team. To this day, the founders are still great friends and are actively experimenting with new product ideas.

After returning to the U.S. in 2016, Garrett went to work for Apple in Boca Raton, Florida. In his current role, he helps Apple Retail with business customer acquisition, and community development programs.

Tom Mersch

EIR Mersch Photo Tom Mersch is a Partner in the firm’s Fort Lauderdale Office. Tom has extensive experience  in providing advice and guidance on Business Transactions and Data Privacy and Security  Matters. In addition, Tom plays a key role in the firm’s marketing and business development  efforts.

 Tom has over 30 years of experience as an attorney, corporate counsel, entrepreneur and  businessman in multiple sectors including information technology, e-Commerce, finance,  travel and government.

Hired as the general counsel for a large internet retailer in need of restructure, Tom navigated their business both legally and operationally from near collapse to solid growth. In 2002 Tom founded and funded an online asset recovery services firm that he sold in 2008.

Tom has held influential legal leadership positions with a number of firms, formerly serving as attorney for the Delta Airlines Dream Vacations Program, General Counsel and Vice President of Business Development for UCS, Inc. (a software company that was eventually acquired by SunGard Data Systems) and as President and founder of an internet-based business services outsourcing company with over 300 employees worldwide. For the five years immediately prior to joining Kelley Kronenberg, Tom was General Counsel for Channel IQ a rapidly growing Chicago based “Big Data” software provider for over 300 of the Worlds’ largest manufacturers. Tom was also the managing director of Channel IQ’s Spanish subsidiary.

Tom is a licensed attorney in Florida and Mississippi, earning his JD from the University of Mississippi and his BA from Southern Methodist University.

Tom contributes his time and talents as a founding mentor to Florida Atlantic University’s Tech Runway Accelerator and FAU’s Adams Center for Entrepreneurship. He has advised start-ups and rapidly growing businesses including the past winner of both the FAU and Enterprise Florida Business Plan Competitions. Tom is also a judge for The Cade Innovation Prize competition.

Devon Cohen

Devon Cohen photoMr. Cohen has extensive experience in leading accelerated organic growth, corporate acquisition and harvesting businesses for both VC and Fortune 50 companies, including Mercedes-Benz, Merrill Lynch, Ford, KPMG, and HSBC creating over $1 billion in shareholder value. Transitioning from Public Accounting Mr. Cohen’s first company started with $500k of venture capital and sold to Mercedes-Benz for over $10 million four years later. Following successive growth within the Daimler organization Mr. Cohen grew to lead DaimlerChrysler’s Western Finance operations, responsible for the profitability of a $15 billion commercial and consumer finance portfolio. After being recruited by the President of Ford as CEO of FordDirect he led the growth of Ford’s Dealer Internet operation growing internet sales from 2% of Ford’s sales to over 9%, beating plan 11 consecutive quarters. After moving to Florida Mr. Cohen created a company which raised $7 million of capital, acquired internet marketing companies until ultimately going public and selling to Yahoo for over $200 million. Since then Mr. Cohen has been working in industries as varied as Native American economic development to Commercial Aviation Repair for major Airlines. In addition, Mr. Cohen has been a Board member for Draper Fisher Jurvetson and August Capital Companies.

 

 
 
 
 

Adams Center for Entrepreneurship

Phone: (561) 297-3654
Email: adamscenter@fau.edu
Map: DS 87 (201)

© Last Updated1/10/18